Fasoo said on the 23rd that it will merge its U.S. subsidiary with local artificial intelligence (AI) company Konsilix and launch a new enterprise AI specialist, Symbologic.
Konsilix, which is merging with Fasoo's U.S. subsidiary, was founded by enterprise AI expert Rob Marano, who previously worked at PricewaterhouseCoopers (PwC), Amazon Web Services (AWS) and Google Cloud, among others. It supports the AI adoption of growth corporations by offering lightweight, high-efficiency AI architectures optimized for small and mid-sized corporations and rapid deployment.
Symbologic plans to actively target the global market, with a focus on the United States, by combining Fasoo's data management and security capabilities and AI portfolio with Konsilix's expert AI consulting and services. In particular, it plans to provide specialized consulting and AI, data and governance solutions for customers who must address two key challenges: achieving AX (AI transformation) and countering AI security threats.
Fasoo's U.S. subsidiary and Konsilix plan to sign the final agreement and complete the merger by the end of April. Rob Marano, the current Konsilix CEO with extensive experience in the U.S. enterprise market, will serve as Symbologic's inaugural chief executive officer (CEO).
Cho Kyu-gon, the Fasoo CEO, said, "Fasoo, which has led the global data security and management market, is in the process of transforming into a 'corporation that supports customers' AX,' and this merger of the U.S. subsidiary is part of that," adding, "As Fasoo's strong competitiveness in AI, data and security meets Konsilix's outstanding experts and consulting capabilities, please look forward to Symbologic's aggressive push into the AI market."